Armstrong World Industries Inc (AWI)
Pretax margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 298,300 | 300,900 | 277,900 | 265,100 | 260,600 | 248,600 | 245,300 | 252,400 | 240,600 | 220,400 | 222,200 | 209,600 | -141,700 | -116,800 | -96,800 | -84,600 | 271,600 | 261,000 | 264,400 | 255,500 |
| Revenue (ttm) | US$ in thousands | 1,247,800 | 1,275,800 | 1,255,300 | 1,254,300 | 1,230,300 | 1,201,100 | 1,169,200 | 1,128,400 | 1,097,100 | 1,040,000 | 994,100 | 917,000 | 912,800 | 958,000 | 983,200 | 1,048,400 | 1,038,100 | 987,800 | 973,000 | 949,300 |
| Pretax margin | 23.91% | 23.59% | 22.14% | 21.14% | 21.18% | 20.70% | 20.98% | 22.37% | 21.93% | 21.19% | 22.35% | 22.86% | -15.52% | -12.19% | -9.85% | -8.07% | 26.16% | 26.42% | 27.17% | 26.91% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $298,300K ÷ $1,247,800K
= 23.91%
The pretax margin of Armstrong World Industries Inc. has shown a fluctuating trend over the past eight quarters. The highest pretax margin was recorded in Q3 2023 at 23.37%, whereas the lowest was in Q1 2023 at 20.79%. Overall, the average pretax margin over the period is approximately 21.40%.
The company's ability to generate earnings before taxes relative to its revenue has varied, with some quarters displaying stronger performance compared to others. It is essential to further investigate the factors influencing these fluctuations in pretax margin to assess the company's financial health and operational efficiency accurately.
Peer comparison
Dec 31, 2023